Restaurant Property with Two
New
For Sale
$4,300,000
2421 W 76 Country Boulevard, Branson, MO 65616
Commercial Sale, Branson, MO
Property Size13,222 SF
Lot Size1.16 Acres
Price / SF$325.22
Days on Market4
Property Features for 2421 W 76 Country Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
Parking features
Garage - Detached
Lot features
Level
View
City
Directions
Located at the entrance of Tanger Outlet Mall and w 76 Country Blvd. Look for giant chicken at entrance. SIY.
Standard status
Active
APN
18-1.0-01-001-001-009.007
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
25061
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Amenities
parking garage
billboard sign
Building Details
Year built
1992
Number of units
2
Roof type
Metal
Listing Agency:
EXP Realty, LLC.
(816) 982-5990
Listed By:
Gary Nelson
(417) 464-6915
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 4 at 1:06PM
MLS# 60335283
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 13,222-square-foot restaurant property contains two commercial dining spaces. Built in 1992 and remodeled in 2012, the building received a new roof and siding in 2026. A 43-foot-tall chicken feature and an on-site billboard are also part of the property.
The 1.16-acre parcel occupies the corner of Tanger Boulevard and West 76 Country Boulevard, with 130 feet of frontage along the Branson corridor. Garage parking is available on site.
The 1.16-acre parcel occupies the corner of Tanger Boulevard and West 76 Country Boulevard, with 130 feet of frontage along the Branson corridor. Garage parking is available on site.
Key Highlights
- Two restaurant spaces in a 13,222‑square‑foot building
- 1.16‑acre site at the corner of Tanger Boulevard and West 76 Country Boulevard
- 130 feet of frontage along West 76 Country Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$133,659
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,673,180
$2.7M
Cap Rate 7%
$1,909,414
$1.9M
Cap Rate 9%
$1,485,100
$1.5M
Market Conditions
NOI Build-Up for 13,222 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$185.6K $14.04/SF
− Vacancy
−$7.4K −$0.56/SF
EGI
$178.2K $13.48/SF
− OpEx
−$44.6K −$3.37/SF
NOI
$133.7K $10.11/SF
Area
Taney County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,673,180
Cap Rate 7%
$1,909,414
Cap Rate 9%
$1,485,100
Alternative Uses
Best Use
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,659 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,877 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
723k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Dining 30%
Superstores 23%
Beauty & Spa 4%
Walmart
Superstores
167,261 visits/mo
0.4 miles
7 Brew Coffee
Dining
59,989 visits/mo
0.3 miles
Under Armour Outlet
Apparel
45,597 visits/mo
0.3 miles
lululemon athletica
Apparel
39,125 visits/mo
0.3 miles
Krispy Kreme Doughnuts
Dining
37,288 visits/mo
0.1 miles
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building contains two restaurant spaces, with garage parking and an on-site billboard.
Where is this conventional restaurant located?
The property is located at 2421 W 76 Country Boulevard Branson, MO.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Two restaurant spaces in a 13,222‑square‑foot building; 1.16‑acre site at the corner of Tanger Boulevard and West 76 Country Boulevard; 130 feet of frontage along West 76 Country Boulevard
